Publication - Research and analysis

Coronavirus (COVID-19) - extending the Coronavirus Job Retention Scheme: analysis

Published: 16 September 2020
Directorate: Chief Economist Directorate
Part of: Coronavirus (COVID-19) in Scotland, Economy, Work and skills
ISBN: 9781800040847

Paper exploring the costs and benefits of extending the Coronavirus Job Retention Scheme on a temporary basis. Such an extension could reduce unemployment in Scotland by 61,000 through the first half of 2021, at a cost of around £850 million.

Supporting documents

Footnotes

1 UK Fiscal Path – A New Approach

2 National Institute Economic Review, No. 253, August 2020

3 https://www.niesr.ac.uk/media/niesr-press-release-%E2%80%98premature%E2%80%99-end-furlough-push-jobless-rate-10-14351

4 HM Treasury, Plan for Jobs, July 2020

5 See for example

6 https://www.gov.uk/government/publications/job-retention-bonus-ministerial-direction

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Email: OCEABusiness@gov.scot

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